Elgin Mall has wonderful potential according to the small, family-owned real estate investment company that acquired the 263,000-square-foot property in October of 2016.
At the time the mall was operating at a roughly 50 per cent vacancy rate.
Jay Burstein, spokesman for the new owners stated, “Our goal is to try and lease the vacant space as quickly as possible and try to make this mall the vibrant place it once was.”
A rather major concern was the large vacant space at the west end of the mall, formerly occupied by Zellers.
“We recognize the fact the former Zellers space is something we really have to look at,” admitted Burstein. “If we could find one tenant for that space, that would be awesome.”
Just shy of five years later and what is now known as Elgin Centre is again making headlines.
Preparatory work has begun at the very same spot in the shopping centre to make way for a $16 million, 95-room Holiday Inn Express and Suites scheduled to officially open next October.
How do you determine what market value rent is? And, who determines that?
It was a good question from Coun. Jim Herbert at the Aug. 9 city council meeting and was prompted by the 2020 Progress Report on the city’s 10-year Housing and Homelessness Plan.
It’s a question that has been raised in comments from readers of this corner.
Danielle Neilson is the city’s Homelessness and Housing Supervisor and the report in question noted the city owns and manages 558 units of housing, including 512 units of rent-geared-to-income housing.
That’s a significant number and it’s part of the role of the St. Thomas-Elgin Social Services Department to administer and/or deliver “a range of housing and homelessness programs including existing social housing, new affordable housing, rent supplements, housing allowances, portable housing benefits, home repair assistance, homeownership down-payment assistance, funding for emergency shelters and transitional housing, and other homelessness prevention programs including the Housing Links for People (HeLP) program.
Last week in this corner we quoted from a letter Heather Stillitano, chair of the Elgin Community Drug & Alcohol Strategy, directed toward Mayor Joe Preston and members of council. She stressed, “the ‘War on Drugs’ has not been effective at the individual, community or societal level throughout history and it fails to address the connection between mental health and opioid use.” She went on to note, the opioid overdose crisis does not exist independently from other public health issues. “For example,” Stillitano advised, “infectious diseases and other mental health concerns are highly associated with drug use.” At the council meeting, Monday (Aug. 9) members spent several moments debating the implications of her correspondence. Coun. Lori Baldwin-Sands opened the discussion by acknowledging “I am fully supporting moving this motion forward.” The motion in question isfrom BC-based Moms Stop The Harm urging council to endorse their call for the federal government to declare the overdose crisis a national public health emergency and that the government “immediately seek input from the people most affected by this crisis and meet with provinces and territories to develop a comprehensive, pan-Canadian overdose action plan.”
Proposed residential development on land currently owned by the Elgin County Railway Museum is an opportunity to revitalize that portion of downtown St. Thomas, stresses developer Doug Tarry. He is proposing to purchase eight acres of railway land immediately west of the museum at $300,000 per acre for a low-rise residential development that would front onto a new street to be built off Ross Street and north of Jonas Street. We talked with Tarry on Tuesday of this week (Aug. 3) and he stressed nothing is carved in stone at this point as museum members have yet to approve the sale of the property. He started by noting the museum is a gem and, “There is such an opportunity to incorporate how that building works and what it is being used for and how we can expand that into a real revitalization of the centre of downtown.” As to what the housing would look like Tarry advised, “We’re talking apartment units and we don’t have a design done yet because we obviously haven’t bought the property yet. “But we’re also wanting to bring our expertise to the table to help with the museum revitalization.”